HC Deb 24 February 1984 vol 54 cc667-8W
Mr. Gould

asked the Secretary of State for Trade and Industry whether he will publish in the Official Report figures for Japanese investment in United Kingdom and other manufacturing countries in the form of table 4 of the annex on direct investment flows appended to his Department's memorandum, dated December 1982, to the Select Committee of the House of Lords on the European Communities, including figures for earlier years and for the latest available year.

Mr. Alexander Fletcher

Japanese overseas direct investment in the USA, the only other manufacturing country separately identified in "Japan Balance of Payments Monthly," for the years given in table 4 of the memorandum are as follows:

US $ million
1973 539
1974 492
1975 638
1976 585
1977 470
1978 835
1979 920
1980 833
1981 1,867

The latest available information on Japanese overseas direct investment for the headings in table 4 and for the USA relates to 1982 and is as follows:

US $ million
UK 141
EC 609
USA 1,618
WORLD 4,540

All the data include only purchases, net of disposals, of share capital and long-term loans by Japanese concerns in their overseas subsidiaries, associates and branches. Not included are unremitted profits, short-term loans and trade credit.

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